2022
Exports
$9.73MWorld Rnk 19 / 163
Flag Rnk 715 / 1211
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2022
Imports
$23.8MWorld Rnk 14 / 211
Flag Rnk 664 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $9.73M in Labels, making it the 19th largest exporter of Labels in the world. At the same year, Labels was the 715th most exported product in Thailand. The main destination of Labels exports from Thailand are: Cambodia ($2.98M), Vietnam ($1.59M), United States ($712k), Laos ($709k), and France ($562k).

The fastest growing export markets for Labels of Thailand between 2021 and 2022 were Cambodia ($368k), Guatemala ($147k), and United Kingdom ($96.2k).

Imports In 2022, Thailand imported $23.8M in Labels, becoming the 14th largest importer of Labels in the world. At the same year, Labels was the 664th most imported product in Thailand. Thailand imports Labels primarily from: Hong Kong ($8.7M), China ($7.63M), Italy ($2.43M), Vietnam ($2.3M), and Chinese Taipei ($821k).

The fastest growing import markets in Labels for Thailand between 2021 and 2022 were Vietnam ($821k), Italy ($556k), and Chinese Taipei ($109k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Labels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.73M
IMPORTS (2022)$23.8M
NET TRADE (2022)-$14.1M

In 2022, Thailand exported $9.73M in Labels. The main destinations of Thailand exports on Labels were Cambodia ($2.98M), Vietnam ($1.59M), United States ($712k), Laos ($709k), and France ($562k).

In 2022, Thailand imported $23.8M in Labels, mainly from Hong Kong ($8.7M), China ($7.63M), Italy ($2.43M), Vietnam ($2.3M), and Chinese Taipei ($821k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Cambodia$368k (14.1%)
Guatemala$147k (8.48k%)
United Kingdom$96.2k (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Thailand WERE (2021 - 2022):
United States-$190k (-21%)
Bangladesh-$173k (-37.7%)
Vietnam-$156k (-8.95%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Labels were:
In 2022, Thailand's main importing competitors in Labels were:

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $360k
TOP IMPORT POTENTIALChina+ $1.51M

Labels’s highest export potential is Indonesia. With an export gap of $360k.   Labels’s highest import potential is China with an import gap of $1.51M.

See methodology.

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